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W: Warner Bros. Discovery Downgraded to Junk Status Credit Rating by S&P

Posted by: tomcat90 on May 20, 13:51

https://www.thewrap.com/wb-discovery-downgraded-to-junk-status/

W: Warner Bros. Discovery Downgraded to Junk Status Credit Rating by S&P tomcat90 May 20, 13:51

(this has 99% to do with the cost of borrowing to WB, not necessarily whether it's a strong investment for bond buyers) {nm} spaghetti freddy May 20, 13:58

though also not great that they say their standing gets worse if they spinoff the TV assets as seems possible {nm} spaghetti freddy May 20, 15:34

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